banking & finance

Covec has worked across several aspects of the banking and finance sectors. We have a very sound knowledge of economic issues in electronic payment systems, bank capital requirements, and the pricing of credit.

We also model market risks facing specific firms, either for the firms themselves (including through partnerships with treasury advisors) or for bankers involved in major financing decisions.

Relevant Skills & Services:

economic modelling & analysis

financial analysis

forecasting & projections

Examples of Our Work:

Credit contracts and Consumer Finance Act

Chapman Tripp

Advice on the application of the Credit Contracts and Consumer Finance Act to certain bank fees and charges.

Forecasts of fuel consumption in New Zealand

UBS New Zealand

Covec produced forecasts of fuel consumption in New Zealand as part of the Shell New Zealand sale process. Annual forecasts to 2030 were generated for the retail, commercial, aviation and marine sectors, and for various sub-markets within each of these sectors.

Interchange fee setting and other credit card network rules

Cards NZ Ltd

Economic advice on competition issues arising from the setting of interchange fees in open (four-party) credit card networks.

Passenger forecasts for Cairns & Mackay airports

Covec was commissioned by a consortium of investment banks to generate annual passenger forecasts to 2030 to support the purchases of Cairns & Mackay Airports in Northern Queensland. The forecasts were the main drivers of the valuation models used by the banks. Our consortium was successful in purchasing the two airports.